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Value-Based Insurance Design Seniors Copayment Reduction Act of 2015

Read twice and referred to the Committee on Finance.

Official summary

Version 00 · Introduced in Senate · May 20, 2015

Value Based Insurance Design Seniors Copayment Reduction Act of 2015

Directs the Department of Health and Human Services (HHS) to establish a demonstration program to test Value-Based Insurance Design methodologies in Medicare Advantage plans under part C (Medicare+Choice) of title XVIII (Medicare) of the Social Security Act for beneficiaries with chronic clinical conditions.

Defines "value-based insurance design methodology" as one for identifying specific prescription medications and clinical services for which copayments or coinsurance should be reduced or eliminated due to the high-value and effectiveness of such medications and services for specific clinical conditions.

Directs HHS to expand the demonstration program, except in certain circumstances, by issuing regulations to implement, on a permanent basis, those components that are beneficial to Medicare beneficiaries and the Medicare program.

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Who introduced it

Sen. Thune, John [R-SD] · R–SD

Committees

  • Finance Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Finance.

  2. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.

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